PPP Loan information for Munster steel co., inc.

$442,000

Munster steel co., inc. was initially approved for PPP Loan of amount $442,000, the current approved amount is $442,000. The loan was approved on 04/08/2020 by The First Merchants Bank reported 31 jobs and $442,000 was used to fund payroll.

Munster steel co., inc. is Existing or more than 2 years old

PPP Loan Search / IN / HAMMOND / Munster steel co., inc.

MUNSTER STEEL CO., INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MUNSTER STEEL CO., INC.

Borrower Address

1501 HUEHN ST

Borrower City

HAMMOND

Borrower State

IN

Borrower Zip

46327-0001

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

442000.00

Current Approval Amount

442000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

LAKE

Project State

IN

Project Zip

46327-0001

CD

IN-01

Jobs Reported

31

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

442000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

446734.85

Forgiveness Date

05/13/2021

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